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Category: Share Portfolio

“Nobody can go back and start a new beginning, but anyone can start today and make a new ending” – Maria Robinson, author

Cold, like the performance of investments, this year. Credit to Simon Matzinger

Before I start, let me just rant a little about the abysmal performance of this year’s assets.

CRYPTOCURRENCIES

Crytocurrency has fallen from grace. No longer the poster child but an abandoned child as may types of crytocurrencies, across the board, saw their prices plunged. And because of this, everyone is staying on the sideline.

COMMODITIES

Commodities has encountered a flip-flop years. While prices of commodities generally soared in the beginning of the year, their prices slumped towards the mid-end of the year. This is true for crude oil, in general. Gold is making a strong rally towards the end of this year due to the uncertainties in other asset classes.

EQUITIES

Equity, in general, has been hit by a series of rough patches in 2018. There was a change of government, for the very first time, since the formation of Malaysia. The USA and China are locking horns over, almost everything. And, from what I’ve gathered, many investors are in the red. And, truth be told, I am part of that unfortunate statistic.

COUNTER

COMPOSITION

AVG PRICE

LAST PRICE

GAIN/LOSS

3A

4.82%

RM1.178

RM0.705

(40.18%)

AIRASIA

19.44%

RM2.82

RM2.97

5.17%

CIMB

28.92%

RM5.77

RM5.71

(1.08%)

DNEX-WD

4.96%

RM0.201

RM0.07

(65.25%)

EKOVEST

7.30%

RM1.136

RM0.445

(60.85%)

EVERGRN

4.51%

RM0.791

RM0.350

(55.80%)

MAHSING

6.58%

RM1.063

RM0.915

(13.83%)

MALAKOF

2.88%

RM0.917

RM0.800

(12.85%)

Cash is at about 20% of portfolio.

Regardless of the trials and tribulations, many of the companies of which stocks I own, are still making the dough. And as the market is being beaten, the share prices of many profitable companies are selling for an absolute discount. Time to be rationally irrational and seize the opportunity.

Since the last update, March 2018 Portfolio Update, my portfolio has shrunk significantly; losing almost all the gains made in the past years. This is largely contributed to the events leading up to the election and post-election. Understandably, investors, especially foreign ones, are jittery about a change of government; the first Malaysians have seen.

Companies seen to be close or somehow related to the former government were hit the hardest. Arguably, I hold shares in two of such companies: Ekovest and CIMB. I’ve sold SIME, without much of a gain or loss, to purchase Mahsing.

COUNTER

COMPOSITION (%)

AVERAGE PRICE

LAST PRICE

GAIN/LOST (%)

3A

6.53

1.18

0.945

(19.81)

AIRASIA

30.70

2.80

3.22

15.08

CIMB

26.17

5.78

6.12

5.60

DNEX-WD

9.69

0.201

0.135

(32.98)

EKOVEST

9.71

1.136

0.585

(48.53)

EVERGREEN

5.93

0.791

0.455

(42.54)

MAHSING

3.97

1.10

1.09

(1.19)

MALAKOF

3.18

0.917

0.875

(4.68)

Portfolio gain is at 6.29%.

If you have suffered the same fate as I did, try not to dwell in the past. I believe that market jitters would eventually succumb to the competency, accountability and transparency policies, championed by the new government. We can only hope that the new government will make good on its election promises.

As for now, the market is significantly cheaper, especially many mid cap stocks. Hence, how you act upon this will determined the success of your investment.